President Donald Trump and Chinese Premier Xi Jinping are expected to reach a deal to avert 100% tariffs on China, Treasury Secretary Scott Bessent said following talks with China’s top trade negotiat

President Trump is flying to Asia for a six-day trip where he is expected to meet with China for trade deal negotiations.

The administration announced its trade investigation on Friday, ahead of a summit between U.S. and Chinese leaders.

Treasury Secretary Scott Bessent revealed a trade deal framework with China after two days of meetings with his counterparts from the rival nation. The move means the U.S. might not have to slap the 100% tariffs on Chinese imports that President Donald Trump had threatened as of Nov.

U.S.-China trade tensions appeared to cool Sunday before an upcoming meeting between President Donald Trump and Chinese leader Xi Jinping, with each side saying a deal was nearing between the world's two largest economies.

Both China and the U.S. will have to make some concessions to lower trade tensions, President Donald Trump told reporters late Friday as he departed on a near weeklong trip to Asia. “They’ll have to make concessions.

US President Donald Trump is aiming for a quick win in a pivotal Thursday meeting with Chinese counterpart Xi Jinping, even if the outcome falls short of the sweeping deal he’s teased on issues at the heart of the rivalry between the world’s two largest economies.

Trump optimistic of deal with China US Treasury Sec Bessent says extension of trade truce possible China's trade negotiator Li says reached preliminary consensus World's two largest economies seek to avert trade war escalation Talks explored trade,